The Economic Populist - Speak Your Mind 2 Cents at a Time Tue 2009-04-21 00:00 EDT
``whatever the fundamental problem with banking system is it is at the very least 35 years old, if not older...Wall Street proved themselves to be unable to detect toxic debt from bubble assets''
economic populist; happened; Mind 2 Cents; prevent; speaking; Time.
Tue 2009-04-21 00:00 EDT
It's Still A Terrible Time To Buy; Falling House Prices Are The Solution, Not The Problem
Satyajit Das's Blog - Fear & Loathing in Financial Products Tue 2009-04-21 00:00 EDT
Satyajit Das's Blog - Fear & Loathing in Financial Products: Credit Default Swaps - Exercises in Surrealism; CDS payouts are placing a material pressure on the price of underlying bonds and loans exacerbating broader credit problems ``The CDS market is also complicating restructuring of distressed loans as all lenders do not have the same interest in ensuring the survival of the firm. A lender with purchased protection may seek to use the restructuring to trigger its CDS contracts''
Credit Default Swap; exercised; fears; financial products; loath; Satyajit Das's Blog; surreal.
Tue 2009-02-24 00:00 EST
Jesse's Café Américain: Bad Bank Proposal is Bad Policy and a Symptom of Serious Problems in Obama Administration
Bad Bank Proposal; bad policies; Jesse's Café Américain; Obama administration; serious problem; symptoms.
Tue 2008-08-19 00:00 EDT
Winter (Economic & Market) Watch >> Houston We Have a Problem; "key data point to watch in terms of a bottom in housing prices is the vacancy rate. Once this reaches about 1.75% [currently almost 3%] it indicates that housing is being used for its actual purpose, namely as occupied shelter."
Tue 2008-06-03 00:00 EDT
Calculated Risk: S&P: More Write Downs Coming for Morgan Stanley, Merrill and Lehman; "Contained. Problems behind us. ... Not!"
Calculated Risk; Lehman; Merrill; Morgan Stanley; P; s; write-downs coming.
Mon 2008-05-19 00:00 EDT
Wed 2008-05-14 00:00 EDT
Richard Posner suggests "heavy taxes on oil or (better) carbon emissions"; lack of political will imples "democratic failure" to address long-term problems
Thu 2008-04-03 00:00 EDT
"Don't expect the Fed to learn from past mistakes. Instead, expect the Fed to repeat them with bigger and bigger doses of exactly what created the initial problem."
Fed Uncertainty Principle; Mish's Global Economic Trend Analysis.
Sun 2007-12-16 00:00 EST
improve outcomes on tough issues by separating problem definition from problem solving
blames; naked capitalism; Paulson's Process; R.I.P; SIV Rescue Plan.
Fri 2007-11-30 00:00 EST
(45 trillion notional CDS outstanding; counterparties "concerned about collecting from hedge funds that were long"?
Counterparty Risk Problems; Credit Default Swap; naked capitalism.
Sat 2007-09-15 00:00 EDT
2007-09-03; "I don't believe it's possible or useful to make short-term market forecasts"; "problems for financials are just beginning"
2007; Financial; Hussman Funds; problem; September 3; weekly market comments.
Tue 2007-07-31 00:00 EDT
naked capitalism: Darrell Duffie Paper Points to Problems with CDO Models
